Question : The list price of a TV is Rs. 2300 and discount series are found to be 25% and 10%. Then the selling price of the TV is:
Option 1: Rs. 1255.50
Option 2: Rs. 1250
Option 3: Rs. 1552.50
Option 4: Rs. 1300
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Correct Answer: Rs. 1552.50
Solution :
Marked price = Rs. 2,300
Successive discounts are 10% and 25%.
Selling price = 90% of 75% of 2300
= $\frac{90}{100}$ × $\frac{75}{100}$ × 2300
= $\frac{9 × 3 × 2300}{10 × 4}$
= Rs. 1,552.50
Hence, the correct answer is Rs. 1,552.50.
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